OPEC+ keeps steady policy amid weakening economy, Russian oil cap
OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a...
OPEC
OPEC+ members line up to endorse output cut after US coercion claim
OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up a war of...
Saudi Arabia, United States clash over reason for OPEC+ oil cut (Update)
Saudi Arabia rejected as “not based on facts” criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections, and said on Thursday...
Senior US senator blasts Riyadh for ‘supporting a war criminal’, wants ‘freeze’ on Saudi cooperation
The Democratic chairman of the U.S. Senate Foreign Relations Committee called for a freeze on cooperation with Saudi Arabia, including most arms sales, accusing the...
UAE president to meet Russia’s Putin to discuss Ukraine
United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan will travel to Russia on Tuesday to meet with President Vladimir Putin, UAE state news agency...
Tight global oil supply can’t be reversed easily, Shell, Aramco CEOs say
The oil market is not focusing on the fact that global spare capacity to raise oil production is very low, Saudi Aramco’s Chief Executive said...
OPEC+ to consider oil output cut of more than 1 mln bpd
OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) when it meets on Oct. 5, OPEC sources told...
OPEC+ agrees small oil production cut
OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of an economic...
Biden starts sensitive Saudi Arabia visit, no immediate oil pledge expected (Update)
Joe Biden began a visit to Saudi Arabia on Friday by giving Crown Prince Mohammed bin Salman a fist bump and shaking hands with King...
OPEC sees global oil demand growth slowing in 2023
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and...
